To: Grampa Dave
I have money at Janus. Does this mean my money is at risk? Should I move it?
To: Conservativegreatgrandma
On the next couple of up swings in the market, you might want to switch. The good fund managers at Janus will be leaving or will have left.
The companies they invested in should be okay. Most of the so called fund managers invest in the top 10 companies in America like the rest of the so called fund managers in other companies. So we would have to have a big crash before these funds get hurt.
What I'm talking about is the overall impact that the massive sellouts have on the top stocks, large cap, mid cap and small cap. When people dump funds and the fund managers have to sell stock to pay those former fund owners, it becomes a down market and a buyers market.
9 posted on
11/18/2003 5:16:14 AM PST by
Grampa Dave
(George Soros, the Evil Daddy Warbucks, has owned the DemonicRats for decades!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson